Cardeon Balance Sheet Health
Financial Health criteria checks 2/6
Cardeon has a total shareholder equity of SEK68.5M and total debt of SEK4.1M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are SEK77.3M and SEK8.8M respectively.
Key information
6.0%
Debt to equity ratio
SEK 4.10m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 1.76m |
| Equity | SEK 68.53m |
| Total liabilities | SEK 8.75m |
| Total assets | SEK 77.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CARDEO's short term assets (SEK7.6M) do not cover its short term liabilities (SEK8.8M).
Long Term Liabilities: CARDEO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CARDEO's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if CARDEO's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CARDEO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CARDEO has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.2% each year.